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    2320 Us Highway 27 Highway N

    Sebring, FL 33870
    • $1,690,000
    • STATUS: Active
    • ON SITE: 227 days
    • MLS #: 260809
    UPDATED: 51 min ago
    $1,690,000
    • 0
      BEDS
    • 1.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    20,000+-SF Retail Bld by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000 can be purchased for $1,100,000.00), or BOTH parcels for total $2,600,000. Owner financing may considered with qualified buyer.

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    © 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-03-01T13:42:31.983.
    www.comptonrealty.com/homes/107933151
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    2320 Us Highway 27 Highway N Sebring, FL 33870

    • Price: $1,690,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 260809
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.7
    Acres
    1973
    Built
    County:
    Highlands
    Area:
    Highlands
    Property Description
    20,000+-SF Retail Bld by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000 can be purchased for $1,100,000.00), or BOTH parcels for total $2,600,000. Owner financing may considered with qualified buyer.
    Exterior Features

    Architectural Style One Story Construction Materials BlockMetal SidingConcrete Levels One Parking Features CommonPaved Road Surface Type Paved Roof Metal

    Interior Features

    Building Area Total 20600 Building Features Private RestroomsPublic Restrooms Cooling Central AirElectric1 UnitWall/Window Unit(S) Cooling YN Yes Flooring Concrete Heating CentralElectricWall Furnace Heating YN Yes Interior Features Cable Tv Window Features Display Window(S)

    Property Features

    Association YN No Business Type Retail Frontage Length 198 Gross Income 200000 Listing Terms CashConventionalOwner May CarrySee Remarks Net Operating Income 140000 Operating Expense 60000 Property Condition Average ConditionResale Property Sub Type Business Sewer Public SewerSeptic Tank Special Listing Conditions None Tax Annual Amount 5908 Tax Year 2017 Utilities Phone ConnectedSewer Available Zoning Description B3

    © 2021 Heartland Association of Realtors


    © 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-03-01T13:42:31.983.
     
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    Compton Realty
    518 US 27 South
    Lake Placid FL, 33852